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BIZD vs. IJH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BIZD vs. IJH

Last updated Jun 9, 2026

BIZD (VanEck BDC Income ETF) and IJH (iShares Core S&P Mid-Cap ETF) are both exchange-traded funds - BIZD is a Financials Equities fund tracking the MVIS US Business Development Companies Index, while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Both are passively managed. Over the past 10 years, BIZD returned 7.80%/yr vs 11.12%/yr for IJH. A 0.63 correlation means they provide meaningful diversification when combined. BIZD charges 12.86%/yr vs 0.05%/yr for IJH.

Performance

BIZD vs. IJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck BDC Income ETF (BIZD) and iShares Core S&P Mid-Cap ETF (IJH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BIZD achieves a -8.77% return, which is significantly lower than IJH's 12.55% return. Over the past 10 years, BIZD has underperformed IJH with an annualized return of 7.80%, while IJH has yielded a comparatively higher 11.12% annualized return.

BIZD

1D
-0.32%
1M
-3.49%
YTD
-8.77%
6M
-11.00%
1Y
-13.11%
3Y*
4.91%
5Y*
3.86%
10Y*
7.80%

IJH

1D
0.22%
1M
0.16%
YTD
12.55%
6M
12.75%
1Y
22.98%
3Y*
15.01%
5Y*
7.86%
10Y*
11.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIZD vs. IJH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BIZD
VanEck BDC Income ETF		-8.77%-4.96%15.63%27.02%-8.51%36.25%-7.12%30.87%-6.88%0.36%
IJH
iShares Core S&P Mid-Cap ETF		12.55%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%16.26%

Correlation

The correlation between BIZD and IJH is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.58

Correlation (5Y)
Calculated over the trailing 5-year period

0.64

Correlation (10Y)
Calculated over the trailing 10-year period

0.63

Correlation (All Time)
Calculated using the full available price history since Feb 13, 2013

0.63

The correlation between BIZD and IJH shifts across timeframes, from 0.52 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

BIZD vs. IJH - Sectors Allocation Comparison

Sectors
BIZD
IJH

Financial Services

100.0%
14.4%

Basic Materials

-

4.8%

Communication Services

-

1.0%

Consumer Cyclical

-

10.7%

Consumer Defensive

-

3.8%

Energy

-

5.5%

Healthcare

-

8.6%

Industrials

-

25.0%

Real Estate

-

7.5%

Technology

-

15.7%

Utilities

-

3.1%

Financial Services

BIZD
100.0%
IJH
14.4%

Basic Materials

BIZD

-

IJH
4.8%

Communication Services

BIZD

-

IJH
1.0%

Consumer Cyclical

BIZD

-

IJH
10.7%

Consumer Defensive

BIZD

-

IJH
3.8%

Energy

BIZD

-

IJH
5.5%

Healthcare

BIZD

-

IJH
8.6%

Industrials

BIZD

-

IJH
25.0%

Real Estate

BIZD

-

IJH
7.5%

Technology

BIZD

-

IJH
15.7%

Utilities

BIZD

-

IJH
3.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck BDC Income ETF

iShares Core S&P Mid-Cap ETF

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Often compared with IJH:
IJH vs. VOIJH vs. IJRIJH vs. MDYIJH vs. IJJIJH vs. IJKIJH vs. SCHMIJH vs. IVOO

Return for Risk

BIZD vs. IJH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIZD
BIZD Risk / Return Rank: 44
Overall Rank
BIZD Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BIZD Sortino Ratio Rank: 44
Sortino Ratio Rank
BIZD Omega Ratio Rank: 44
Omega Ratio Rank
BIZD Calmar Ratio Rank: 44
Calmar Ratio Rank
BIZD Martin Ratio Rank: 55
Martin Ratio Rank
IJH
IJH Risk / Return Rank: 5252
Overall Rank
IJH Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 4949
Sortino Ratio Rank
IJH Omega Ratio Rank: 4646
Omega Ratio Rank
IJH Calmar Ratio Rank: 5858
Calmar Ratio Rank
IJH Martin Ratio Rank: 5959
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIZD vs. IJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck BDC Income ETF (BIZD) and iShares Core S&P Mid-Cap ETF (IJH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

BIZDIJHDifference
Sharpe ratioReturn per unit of total volatility
-0.72
1.48

-2.20

Sortino ratioReturn per unit of downside risk
-0.94
2.17

-3.11

Omega ratioGain probability vs. loss probability

0.90

1.26

-0.37

Calmar ratioReturn relative to maximum drawdown

-0.59

2.61

-3.21

Martin ratioReturn relative to average drawdown

-1.03

9.55

-10.57

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIZD vs. IJH - Sharpe Ratio Comparison

The current BIZD Sharpe Ratio is -0.72, which is lower than the IJH Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of BIZD and IJH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BIZDIJHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.72

1.48

-2.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.22

0.40

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.36

0.53

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.46

-0.16

Drawdowns

BIZD vs. IJH - Drawdown Comparison

The maximum BIZD drawdown since its inception was -55.44%, roughly equal to the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for BIZD and IJH.

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Drawdown Indicators

BIZDIJHDifference

Max Drawdown

Largest peak-to-trough decline

-55.44%

-55.07%

-0.37%

Max Drawdown (1Y)

Largest decline over 1 year

-22.22%

-8.83%

-13.39%

Max Drawdown (3Y)

Largest decline over 3 years

-22.56%

-24.10%

+1.54%

Max Drawdown (5Y)

Largest decline over 5 years

-22.91%

-24.10%

+1.19%

Max Drawdown (10Y)

Largest decline over 10 years

-55.44%

-42.18%

-13.26%

Current Drawdown

Current decline from peak

-19.08%

-1.79%

-17.29%

Average Drawdown

Average peak-to-trough decline

-6.73%

-7.57%

+0.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.79%

2.41%

+10.38%

Volatility

BIZD vs. IJH - Volatility Comparison

VanEck BDC Income ETF (BIZD) has a higher volatility of 5.32% compared to iShares Core S&P Mid-Cap ETF (IJH) at 4.17%. This indicates that BIZD's price experiences larger fluctuations and is considered to be riskier than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BIZDIJHDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.32%

4.17%

+1.15%

Volatility (6M)

Calculated over the trailing 6-month period

14.92%

11.49%

+3.43%

Volatility (1Y)

Calculated over the trailing 1-year period

18.31%

15.64%

+2.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.44%

19.76%

-2.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.76%

21.19%

+0.57%

BIZD vs. IJH - Expense Ratio Comparison

BIZD has a 12.86% expense ratio, which is higher than IJH's 0.05% expense ratio.

Dividends

BIZD vs. IJH - Dividend Comparison

BIZD's dividend yield for the trailing twelve months is around 13.84%, more than IJH's 1.20% yield.

PositionTTM20252024202320222021202020192018201720162015
BIZD
VanEck BDC Income ETF		13.84%11.78%10.94%10.96%11.21%8.14%10.39%9.13%10.88%9.13%8.51%9.12%
IJH
iShares Core S&P Mid-Cap ETF		1.20%1.36%1.33%1.46%1.68%1.18%1.28%1.63%1.72%1.19%1.60%1.56%

Frequently Asked Questions

BIZD and IJH have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BIZD has higher volatility (5.32%) compared to IJH (4.17%). In terms of maximum drawdown, BIZD dropped -55.44% vs IJH's -55.07%.

On 10-year performance, IJH leads with 11.12% vs 7.80% for BIZD. On fees, IJH is cheaper at 0.05% per year. On volatility, IJH has been the lower-risk option at 4.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IJH has performed better with a 11.12% return vs 7.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJH is cheaper with a 0.05% expense ratio, compared with 12.86% for BIZD.

BIZD has the higher dividend yield at 13.84%, compared with 1.20% for IJH.

BIZD is categorized as Financials Equities, while IJH is Mid Cap Blend Equities. BIZD tracks MVIS US Business Development Companies Index, while IJH tracks S&P MidCap 400 Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 12.86% for BIZD and 0.05% for IJH.

IJH currently has the higher Sharpe Ratio (1.48 vs -0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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